Monday, October 29, 2007

Money Talks Why Is Saving Money Dumb?

Why is saving money dumb? Money Talks will explain. The whole goal to be financially wealthy is to allow your money to work for you. That's it let your money work for you. Either you work for your money or your money works for you. Simple. When you save your money it is not financially sound. Banks only give 2% per year if that by saving your money you are not allowing your money to work for you. Your money is working for your bank. Why? How? Now your bank can loan out the money in your bank account and make 10% to 25% on your money. So your hard earned dollar is working it's behind off for who, your banker. That's who.

At Money Talks we believe you are better off learning and becoming financially educated then investing your hard earned money into investments which pay out and have great cash flow.

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